IFSC Code, MICR Codes for BANK OF INDIA in MAHARASHTRA - MUMBAI - MUMBAI - NAIGAUM CROSS ROAD

BANK OF INDIA RTGS HO Branch in MUMBAI - Address, IFSC, MICR Code


IFSC Code

BKID0000035

MICR Code

400013075

Branch

NAIGAUM CROSS ROAD

Contact

4114328

Address

95 DADA SAHEB PHALKE ROADDADAR

City

MUMBAI

District

MUMBAI

State

MAHARASHTRA





What is IFSC Code of BANK OF INDIA situated at NAIGAUM CROSS ROAD- RTGS-HO?
IFSC Code of BANK OF INDIA situated at NAIGAUM CROSS ROAD - RTGS-HO is

BKID0000035

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.